The PENGU token, associated with the popular NFT project Pudgy Penguins, is experiencing a sharp correction. Its price has fallen 69% from its all-time high (ATH). However, recent data shows strong accumulation by large investors or “whales.” The on-chain analytics platform Lookonchain reported significant movements this week. This situation raises doubts about the Pudgy Penguins price prediction in the short term.
Author: chloe
chloe
Bitcoin, Ethereum, and Layer 1 infrastructure are at the center of Chloe’s coverage. She follows protocol upgrades, network changes, and technical decisions that affect how major blockchains evolve over time, with particular attention to long-term reliability and adoption.When relevant, she also tracks regulatory developments and market reactions tied to core blockchain systems.
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Cryptocurrency exchange-traded funds (ETFs) showed mixed behavior on October 23. Bitcoin ETF flows diverge from Ethereum significantly. Bitcoin attracted $20.33 million in net inflows. Meanwhile, Ethereum products recorded heavy outflows of $127.47 million. This data, reported by SoSoValue, emerges amid geopolitical tensions and anticipation of new U.S. inflation data.
The price of Dogecoin (DOGE) is in a crucial consolidation phase. The meme cryptocurrency experienced a 7.5% rally from its recent local lows. Now, technical analysts are observing a pattern that suggests a Dogecoin price 25% target to the upside. However, this move depends on breaking a critical barrier at $0.20. Analyst HODL Gentleman noted on the X platform that “a clear break above $0.20 is needed” to signal a trend reversal. The cryptocurrency has been trading in a narrow range, accumulating energy for a decisive move.
Ethereum currently trades between $3,800 and $4,000, with a triple bottom visible on the four-hour chart. A sustained push and hold above $4,000 would point to stages near $4,280–$4,340, $4,520, and ultimately the prior record area close to $5,000. Fund managers and balance-sheet holders are watching because the move will shape block liquidity and capital allocation to crypto.
Republic Technologies said it plans to borrow up to $100 million through a convertible note to acquire more Ethereum (ETH) and run additional validators. The zero-coupon, two-year loan is secured by pledged ETH, starts with a 10% discount, and begins with a $10 million first tranche. Further funding slices would follow if ETH’s price falls and the collateral shrinks, as the firm seeks to expand its validator operations.
The price of Ethereum (ETH) remains stagnant near $3,875 as a key battle unfolds. On-chain data from October 21 to 23, reported by Santiment, shows Ethereum whale accumulation and sellers in conflict. Whales added 170,000 ETH (valued at $660 million), but short-term holders are selling aggressively. The on-chain data from Santiment is clear: large wallets increased their holdings from 100.30 to 100.47 million ETH. This is one of the largest 48-hour whale upticks this month. However, this strong buying, key to the token’s economy, is clashing with selling pressure. Metrics from Glassnode (HODL Waves) reveal that short-term holders are reducing…
Standard Chartered has issued a notable analysis on the immediate future of Bitcoin (BTC). Geoff Kendrick, the bank’s Head of Digital Assets Research, stated that a dip below $100,000 is likely. However, this might be the last time the asset trades at that level. Standard Chartered’s Bitcoin price prediction is generating cautious optimism among institutional investors.
Google says it built a new kind of quantum computer, and the headline has revived questions about Bitcoin’s one-way math. If the machine truly works and others copy it, private keys might no longer stay hidden and signatures could be forged. Everyone who holds, stores, trades or polices BTC would feel the fallout if the lab result translates to the real world.
In a surprising twist in the artificial-intelligence arena, Chinese models such as DeepSeek and Qwen3 have shown stronger results than Western rivals like ChatGPT‑5 and Grok in an autonomous crypto-trading experiment. Their superior performance raises questions about training efficiency, risk-management and what’s next in AI-driven finance.
Kraken reported $648 million in third-quarter revenue, more than twice the amount from the same period last year, driven by $102 billion in trades and a 3.6 percent global market share the firm disclosed. The jump strengthens the balance sheet and moves the exchange closer to a U.S. stock market debut, drawing heightened attention from rivals and investors focused on ease of trading and regulatory compliance.
